Retail Space / Georgia / LaFayette / 30728 / 2354 North Main Street

2354 North Main Street

Q: What is the asking price for 2354 North Main Street in LaFayette?

The asking price for 2354 North Main Street is $2,150,000

Q: What is the building size of this Retail property in LaFayette, GA?

The size of the building/unit at 2354 North Main Street in LaFayette is 1,906 square feet.

Q: How much land does the LaFayette, GA property at 2354 North Main Street include?

2354 North Main Street in LaFayette includes 1.110 acres of land.

Q: What kind of Retail is the propery at 2354 North Main Street?

The property at 2354 North Main Street LaFayette, GA 30728 is listed as a Shopping Center Retail property.

Q: What is the population within 1 mile of 2354 North Main Street?

The population within 1 mile of 2354 North Main Street LaFayette, GA 30728 is 774 people.

Q: Who do I contact for questions about 2354 North Main Street?

You should contact the listing agent, Andrew Jaworski, for any details regarding this commercial listing.

LaFayette, GA 30728

Listing ID: 275531

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2354 North Main Street | for Sale | Thumbnail 1

2354 North Main Street | for Sale | Thumbnail 2

Building Size: 1,906 SF

Lot Size: 1.110 AC

Land Size: 48,351 SF

Building $/SF: $1,128.02

Land $/SF: $44.47

Price

$2,150,000

Property Highlights

New 25-Year Absolute NNN Lease To Be Executed at Close of Escrow

25-Year Absolute NNN Lease - Zero Landlord Responsibilities

1.0 Annual Rent Escalations Starting in Year 6

Tenant Renewal Options Three 3, Five-Year Options

Located on a Major Thoroughfare

Description

Marcus & Millichap is pleased to present this exclusive listing of a freestanding Krystal Restaurant located at 2354 N Main St, in LaFayette, GA. The site constructed in 2000 consists of 1,906 rentable square feet of building space and sits on an approximately 1.11 acre parcel of land. Krystal is subject to a brand new, 25-year Absolute NNN lease, the starting base rent shall be $119,270 with 1.0% annual escalations starting in year six. There will be three five-year tenant renewal options with 1.0% annual rental increases in each of the Five-year option periods, extending the total possible lease term to 40 years. The subject property has displayed strong performance throughout its history in LaFayette, as a result WAC Enterprises will execute a new 25-Year Absolute NNN Lease at Close of Escrow.

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Chattanooga History of Retail Space for Sale

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Listing Demographics for 2354 North Main Street LaFayette, GA 30728

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		774	7,181	15,321
Population Median Age		41	39	40
Population by Age	0-9 Yrs	87 (11%)	1017 (14%)	2018 (13%)
	10-19 Yrs	110 (14%)	898 (12%)	1646 (10%)
	20-29 Yrs	91 (11%)	826 (11%)	1913 (12%)
	30-39 Yrs	90 (11%)	1144 (15%)	2317 (15%)
	40-49 Yrs	65 (8%)	703 (9%)	1779 (11%)
	50-59 Yrs	120 (15%)	951 (13%)	2157 (14%)
	60-69 Yrs	88 (11%)	638 (8%)	1430 (9%)
	70+ Yrs	123 (15%)	1005 (13%)	2060 (13%)

Median HH Income		$39,017	$39,046	$41,602
Total Household Income	< 24K	95 (29%)	871 (31%)	1811 (31%)
	25-49K	121 (37%)	912 (33%)	1630 (28%)
	50-74K	21 (6%)	335 (12%)	938 (16%)
	75-99K	36 (11%)	251 (9%)	575 (10%)
	100-199K	45 (13%)	335 (12%)	667 (11%)
	200K+	4 (1%)	37 (1%)	95 (1%)

Highest Education Level	No Diploma	131	1042	2200
	Diploma or GED	205	1775	4019
	Some College	120	1218	2458
	Assoc. Degree	34	321	797
	Bachelors Degree	36	409	905
	Higher Degree	23	218	452

Total Housing Units		352	3,046	6,544
--Owner-Occupied		203	1,577	3,618
--Renter-Occupied		119	1,163	2,098
Owner-Occupied Values	< 100K	70	583	1278
	100-199K	98	716	1661
	200-299K	19	166	407
	300-399K	3	39	106
	400-499K	6	40	111
	500K+	7	32	55

Total Working Age Population		606	5,538	12,287
In Work Force		293	2,781	6,525
Not In Work Force		313	2,756	5,763
Workforce Employed		287	2,624	6,080
Workforce Unemployed		6	129	361
Civlian Workforce		293	2,753	6,442
Military Workforce		0	28	83

Total Households		322	2,740	5,716
Family Households		200	1,746	3,949
Non-Family Households		122	994	1,768
Married Couple		152	1,351	2,970
Other Family		48	395	978
Married w/Child		42	501	988
Single Male w/Child		15	105	170
Single Female w/Child		15	124	231

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Georgia	8,186,453	+18	9,687,653	+12	10,833,472	+13	12,292,423
Catoosa County	53,282	+20	63,942	+8	68,771	+7	73,567
Walker County	61,053	+13	68,756	+1	69,610	+2	71,128

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 2354 North Main Street in LaFayette?

The asking price for 2354 North Main Street is $2,150,000

What is the building size of this Retail property in LaFayette, GA?

The size of the building/unit at 2354 North Main Street in LaFayette is 1,906 square feet

How much land does the LaFayette, GA property at 2354 North Main Street include?

2354 North Main Street in LaFayette includes 1.110 acres of land

What kind of Retail is the propery at 2354 North Main Street?

The property at 2354 North Main Street LaFayette, GA 30728 is listed as a Shopping Center Retail property

What is the population within 1 mile of 2354 North Main Street in LaFayette?

The population within 1 mile of 2354 North Main Street LaFayette, GA 30728 is 774 people.

Who do I contact for questions about 2354 North Main Street?

You should contact the listing agent, Andrew Jaworski, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Chattanooga Metropolitan Airport (Lovell Field) (CHA)	21
Huntsville International Carl T Jones Field (HSV)	86
Hartsfield Jackson Atlanta International Airport (ATL)	90